Legal entities > Factoring
Factoring
Amount
Maximum amount according to the credit board taking into account the creditworthiness of the company, as well as according to the receivables that would be purchased.Three product categories
- I category: Invoicing factoring up to 30 days repayment period.
- II category: Invoicing factoring up to 60 days repayment period.
- III category: Invoicing factoring up to 90 days repayment period.
Factoring discount
- I category: 3% discount on the invoiced amount.
- II category: 4% discount on the invoiced amount.
- III category: 5% discount on the invoiced amount.
Note
- after one-day delay for category I and II the discount increases to the amount provided for the next category (if it is category I 3% after the 31st day would be 4%, etc.)
- over 90 days, an additional 2% is added, with a maximum tolerance of up to 120 days.
Other expenses
Payment commission, one-time costSecurity depending on the amount
Mortgage or notarized bill of exchange valued by the owner.
Additional information about the package can be obtained from the Corporate Operations Service.
- phone: 02/3289-553
- e-mail: corporate@silkroadbank.com.mk